Investment property in Berala has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.78%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Berala has increased when compared to the 5 year average annual rate.
Property value increases in Berala have tracked just higher than the NSW average of 7.34% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Berala comes in at number 340th in NSW.
Sellers are offering property buyers an average discount of -7.77% to buyers in Berala at the moment, which is less than average for the rest of NSW.
In the last year 22 properties changed hands in Berala, which puts it as the 449th most active market in NSW when comparing the number of sales per suburb.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 3.64%, without taking into account capital value appreciation, which has been averaging out at 6.10%.